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Bay Street Hoops 2017
April 6, 2017
This past weekend Arrow participated in the 23rd annual Bay Street Hoops Tournament in support of Kidsport and Drive for... Read More
Q2 2016 Quarterly Letter
July 27, 2016
Another wild time in Q2 with the roller coaster ride associated with the “Leave” vote in the UK referendum on E... Read More
Q1 2016 Quarterly Letter
April 8, 2016
Well that was quite the wild ride! The year started off with a big thud as equities and credit were sold hard post ... Read More
Rise of the Robots
July 21, 2015
It has been awhile since I last posted on my blog. Quite a bit has happened in the interim at Arrow and in my person... Read More
Weekend Reads
September 26, 2014
It’s been 2 years since British author Ian McEwan published Sweet Tooth – a superb book full of memora... Read More
Time to look Again at Trend Following Strategies?
August 19, 2014
I came across an interesting article authored by the folks at Altegris Advisors in the US – the full piece is availabl... Read More
Long Weekend Reading : Arrow Q2 Commentary
June 30, 2014
With the long weekend upon us, I thought this would be great opportunity to share some weekend reading with you. Please ... Read More
Joe’s Team
June 15, 2014
This past Saturday I had the privilege of participating in the 10th Annual Joe’s Team Race in support of cancer r... Read More
Critical Juncture for C$!
June 14, 2014
The recent “hot” readings in Canadian CPI figures have put the BOC’s Stephen Poloz in the hot seat. While most Can... Read More
Leavin' lost Vega!
May 13, 2014
I received a post from Ben Hunt at Salient Partners entitled "Equity Volatility-of-Volatility Falls to All-Time... Read More
Q1 Quarterly Commentary
May 9, 2014
If you are looking for some weekend reading material, I invite you all to have a read through our first quarterly le... Read More
Market History Rhymes
March 6, 2014
From our friends at Newedge comes this interesting note. The current bull market is having its fifth birthday ... Read More
Making Love to Short Term Performance
February 14, 2014
Special Valentine's Day Guest Blog Post by: Sean Wynn Hi all, In case you ever needed confirmation that Jim ... Read More
A Year in Review and an Outlook Ahead
January 28, 2014
2013 seemed to be quite an eventful year all around. With the FED's tapering announcement, U.S. equities hitting rec... Read More
Top 10 New Year’s Predictions
January 3, 2014
A fresh new year is upon us and it's time for my annual Top 10 forecast of what is to come in 2014. For those of you... Read More
Remember 2013
December 27, 2013
For me, with each passing year, I seem to find a little more time to think about we lost relative to what we have to... Read More
Retirement Crisis in Canada?
December 18, 2013
With the provincial and federal finance minister meeting recently on the idea of expanding the CPP, The Fraser Insti... Read More
It's Official!
December 9, 2013
The Exemplar funds have officially joined the Arrow family! Earlier this week, we announced the exciting news that wi... Read More
More Cowbell Please Ms. Yellen
November 9, 2013
Happy Friday, I wanted to leave you this week with my quarterly commentary outlining the predominant macro issues fac... Read More
Open your Hearts for Hedge Funds Care Canada
October 25, 2013
The 10th annual Hedge Funds Care Canada gala took place this past Wednesday at Spice Route in Toronto. This year's e... Read More
Liquidity can evaporate when it's needed most
September 11, 2013
An FT article this week termed the recent bond sell-off a taper-tantrum and asked if this might become a full blown ... Read More
The very idea of an optimal portfolio has changed
August 20, 2013
The Times newspaper recently reported a surprising historic discovery deep in the vaults of a Berlin archive. ... Read More
Return of the Gold Bugs?
August 15, 2013
The World Gold Council* released its second quarter report today and it shows what many observers already know i.e. ... Read More
Welcome to the Market Zoo
August 2, 2013
Happy Friday everyone, Here is some weekend reading on our current thoughts in the markets. For all ... Read More
"Pile On" Canada?
May 23, 2013
It would appear that Canada is moving from being on top of the world in terms of economic performance and organizati... Read More
Battle of the Professors!
May 7, 2013
Without a doubt everyone in the investment business has a copy of the 2009 best seller “This Time is Different:&nb... Read More
Japan: Land of the Rising Sun?
May 3, 2013
Happy Friday everyone, While reflecting upon the first quarter of 2013, three prominent themes which really stood out... Read More
Thinking, Fast & Slow
April 18, 2013
The following is a brief talk I gave this morning at the 2013 3rd Annual Canadian Investment Forum hosted by my good... Read More
When Irish Eyes are Smiling
March 14, 2013
With St. Patrick's Day right around the corner it is a pity the Irish have not had much luck the past few years. The... Read More
"Measuring Economic Policy Uncertainty"
March 12, 2013
We all know that the democratic process that we cherish can create less than optimal economic growth. Politicians can be... Read More
"The Circle of Life"
February 7, 2013
There is an old adage in the investment business that you ride your winners and sell your losers. That adage applies... Read More
Year-End Market Review & Outlook
February 6, 2013
This is the time of year where we get to reflect on the past year and forecast or better “guess” what is to be expec... Read More
John Wood - RIP
January 30, 2013
The Canadian investment fund industry lost one of its most successful pioneers with the passing of John Wood. ... Read More
Top 10 Surprise List of 2013
January 4, 2013
Last year at this time I posted my less than serious Top 10 Surprise List for 2012 (Click here to review). As I went... Read More
More Meaningless Predictions for 2013?
January 2, 2013
As we finish another year, lovers of all social sciences gather round the tree of life to prognosticate on what is i... Read More
Rock star Central Banker!
December 19, 2012
Last week I had the pleasure of attending a sold-out (1500+ people) luncheon speech delivered by Bank of Canada Gove... Read More
A Thanksgiving Turkey Post-Mortem
November 27, 2012
I recently had a chance to re-read the updated version of The Black Swan by Nassim Taleb and I was reminded of the p... Read More
The Twinkie Debacle
November 20, 2012
With the election over, everyone can go back to work – well, not everyone. The news of the demise of Hostess ... Read More
A few additions to your weekend reading list!
November 9, 2012
Happy Friday! Here are some commentaries for your weekend reading fix. Michael Yhip (President & CIO,&nb... Read More
Thank You Don Coxe!
November 6, 2012
Donald G. M. Coxe Last week, Don Coxe announced that the December issue of “Basic Points” will be his last afte... Read More
European Update!
October 23, 2012
I am as sick as you about the continual EU updates and meetings and dinners and visits and yada yada...so when I saw thi... Read More
Well here is a surprise!
October 11, 2012
As you know, nothing in life is certain, save for death and taxes. This little anecdote has gone viral again (it ha... Read More
Fine Wine Funds – Caveat Emptor!
October 1, 2012
I am a big fan of wine and, as my friends know, my passion are the wines of Burgundy. I have many friends who also... Read More
A Good Book and a Funny Video for the Long Weekend!
August 30, 2012
Ian McEwan is without a doubt one of my favourite novelists. His latest book “Sweet Tooth” was released Tuesda... Read More
VIX and Monetary Policy
September 26, 2012
I have discussed in the past using the VIX as a hedge for equity portfolios. In the past few weeks, I have received quit... Read More
Back to School Day!
September 4, 2012
Welcome back to reality! Hopefully the first day back is a good one for the kids – and for the markets as well. ... Read More
Global Slowdown Continues
August 22, 2012
The data last night out of Japan was not pretty. Japanese exports, especially those to the EU, fell dramatically as July... Read More
More Japanese Red Flags
August 8, 2012
Bloomberg BRIEF Newsletter was out yesterday with a terrific note on Japanese demographics and its impact on GDP growth ... Read More
All Fogged In!
August 7, 2012
Back from holidays now - back to regular posting! First post is our second quarter update on the big macro issues facing... Read More
Happy Birthday iPhone!
June 27, 2012
Give or take a day, Apple's iPhone turns 5 today! I think it is safe to say that this device has had a revolutionary imp... Read More
More on House Prices
June 26, 2012
In last week’s post on Canadian and international housing, I suggested shorting the C$ on the potential fall in our ho... Read More
Canada's Housing Boom - Too Good to be True? Part II
June 21, 2012
As a follow up to our blog post on February 27, 2012 (Click here to read), this morning Canadian Minister of Financ... Read More
You’re Not Special
June 15, 2012
I promised to pass along various blogs that I really enjoy reading and following. Given that many of my contemporaries a... Read More
Happy Tax Freedom Day
June 11 2012
Here is a special message and rap style video from The Fraser Institute. I especially love the lines: ... Read More
May 17, 2012
I am sure that everyone will have a view on the Facebook ("FB") IPO. It has generated a lot of debate and dialogue on al... Read More
Macro Man
May 16, 2012
A few readers have asked me for a list of my favourite bloggers. I have posted on a few (eg. The Big Picture, ... Read More
Thar She Blows!
May 11, 2012
Is it any wonder retail investors have abandoned the equity markets? JP Morgan's Jamie Dimon announced after market l... Read More
Some Updated Macro Thinking
May 10, 2012
Garrison Hill's Michael Yhip has put together some thoughts on recent developments in Europe, equities and crude... Read More
An Amazing Guy
May 9, 2012
I was in Vancouver this past Monday when I caught up with Guy Caplan - one of our portfolio managers at Raven Rock. He w... Read More
All Clear for Take-Off?
May 7, 2012
With so much going on in the world, I thought I would share some of our views on the global economy and securities marke... Read More
A New Dawn for Japan
May 1, 2012
Peter Tasker Arcus Investment Management For those who follow my blog, you know that I enjoy following the sharp... Read More
China's Demographics
April 23, 2012
I thought Bloomberg's recent article regarding China's now 30-year-old "One Child" policy was very timely given its' eco... Read More
The Opportunity in Japan!
March 26, 2012
I'm back from a restful time off with the family in Belize for spring break. It's an amazing country (Mayan/Spanish hist... Read More
Canada's Housing Boom - Too Good to be True?
February 27, 2012
Last week I received an email from Lombard Street Research, a very well-respected macro research outfit in London, UK to... Read More
Happy Valentine’s Day Thoughts
February 14, 2012
I suppose it should not be a surprise that today, Sports Illustrated decided to pre-release its’ annual swimsuit editi... Read More
Alpha at the Super Bowl!
February 3, 2012
After such a great start to the year for equity markets (S&P up 4.4% in January), the statisticians are out in full ... Read More
Food Stamps – A Political Hot Potato!
January 20, 2012
I thought we could take a look at food stamps, now that GOP-hopeful Newt Gingrich has labelled President Obama the “be... Read More
Top 10 Surprises for 2012!
January 20, 2012
Number one son, Kim Jong Un, wins the North Korean PGA in a landslide as “All American”, gone rogue, Happy Gilmor... Read More
A few questions for my old University Professors
January 17, 2012
1. How can you have “zero-bound” rates across most of the developed world economies for long periods of time? I un... Read More
Top 10 lists galore!
January 6, 2012
It’s that time of year when we get all those forecasts for what lies ahead in 2012 for financial markets. The pr... Read More
Happy New Year!
December 30, 2011
On behalf of everyone at Arrow, have a terrific 2012! And for some final holiday thoughts and wishes we pass it o... Read More
Almost Famous
December 29, 2011
I say almost because this photo from last night’s Raptors game features “Bieber fever” cheering on my beloved ... Read More
Infographic on U.S. Federal Budget
December 13, 2011
If you are a junkie for stats, consider going to the Congressional Budget Office’s website (www.cbo.gov) and sign up f... Read More
Happy Thanksgiving!
November 24, 2011
Happy Thanksgiving to all our American friends and associates! We hope you enjoy this wonderful day with family and frie... Read More
Piling On!
November 24, 2011
Happy Thanksgiving again to all our American friends! Canadians celebrate this holiday in October – we front- ru... Read More
"Lies, Damn Lies and Government Statistics"
November 15, 2011
It was Mark Twain who coined the phrase, “Lies, damn lies and statistics”. Without a doubt, statistics are often use... Read More
Remembrance Day - 11:11:11:11
November 11, 2011
Established by King George V to mark the date of the official end of WWI, Remembrance Day is a special one for Canadians... Read More
Three Cheers for Speculators!
November 8, 2011
Last week, Neil Mohindra, the Director at the Centre for Financial Policy Studies at the Fraser Institute, penned an Op-... Read More
Hedge Funds Really Do Care!
November 4, 2011
Last night, Hedge Funds Care Canada raised over $225,000 at its’ annual gala. Now in its’ eighth year, HFCC ha... Read More
MF Global
November 1, 2011
Ahhh, nothing is worse in the morning than the smell of leverage gone very bad. LTCM, Lehman Brothers, and the list goes... Read More
Ray Dalio and the Potential of Class Warfare
October 26, 2011
When Ray Dalio speaks, markets, and especially the media, take notice. Mr. Dalio, 62, is the founder of Bridgewate... Read More
Trick or Treat
October 20, 2011
October could well go down as the cruelest month, and not just for wild swings in the stock market. Zero Hedge rep... Read More
A Letter from Goldman Sachs
October 18, 2011
Given that Goldman Sachs reported some disappointing earnings this morning but stock is up over $5 in trading today, a p... Read More
MACRO...MAN!
October 18, 2011
My apologies for the lack of posts over the past two weeks. I have been out visiting clients in Canada a... Read More
Is It Possible to Fix the World?
September 30, 2011
As we look at the world after a week where equities around the globe lost roughly 6%, bond yields in the US and Germ... Read More
TGIF - Again!
September 30, 2011
Thank heavens it is Friday - last day of the week, last day of the month and last day of the quarter. For the ... Read More
Economic Freedom in the World Today
September 29, 2011
As a Trustee of the Fraser Institute, Canada’s leading public policy think tank, I'd like to share with you a new stud... Read More
Leverage to the Rescue!
September 28, 2011
As Yogi Berra aptly put it, “It’s like déjà-vu, all over again.” ‘If leverage got us into this problem, ... Read More
Don Coxe & "The Deficient Frontier"!
September 22, 2011
Don Coxe's Strategy Journal is always a must-read for me. Coxe has the incredible gift of being able to distill decades ... Read More
Correlation Blues!
September 20, 2011
If you are an investor who prides him- or herself on bottom-up stock picking and prudent sector diversification, you mus... Read More
Gander, Newfoundland & Sept. 11, 2001
September 12, 2011
I wanted to comment last week on the 10th Anniversary of the 9/11 terrorist attacks on the United States of America but ... Read More
Week-end Round Up
September 9, 2011
My apologies for a week between blog postings. The markets have been so fluid that I thought a wrap for the week and som... Read More
Happy Labour Day!
September 2, 2011
Well, sort of anyways. In Canada, we are in decent but not great shape given our unemployment rate is sitting at 7.2%. H... Read More
QE3 - A Second Look
August 31, 2011
I must admit I was really impressed by Mr. Bernanke’s Jackson Hole speech released last Friday morning. I though... Read More
Some Inspiration in Trying Times
August 26, 2011
As noted over the past week, the lives of two people have deeply touched a great number of people. The first, of cour... Read More
Waiting for Jackson Hole
August 25, 2011
Will he or won’t he? The launching of QE3 by Big Ben is the hot debate this week and we will get our answer tomorrow. ... Read More
Post U.S. Earthquake Images
August 24, 2011
Surveying the damage in the Northeast U.S..... (source: jmckinley.posterous.com) Investment bankers... Read More
Short-Sale Bans in Europe: "Back to the Future!"
August 12, 2011
Here we go again. As we discussed in earlier blog posts, European banks have a very symbiotic or perhaps "parasitic" rel... Read More
Some Timely Manager Commentaries - Barry Allan (Marret), John Schumacher (East Coast) and Glen Schneider (SG Capital)
August 9, 2011
With yesterday's reminder of life in the markets during the 2008 carnage, below is another quick update from another one... Read More
The Downgrade Parade Continues
August 8, 2011
Well that did not take long! As people in the Arrow office know well by now, whenever I take a holiday in Euroland, the ... Read More
Making Money in a Market Storm
August 8, 2011
As volatility spikes and markets sink around us, a well-run market neutral fund is something that everyone should take a... Read More
Off to Italy! But Not to Monitor Debt Spreads...
August 3, 2011
I am taking a bit of time off with the family and going to Italy to see our daughter compete in the Comen Cup, which... Read More
Canada Day Music List
June 30, 2011
EH – this has nothing to do with markets or investing per se but so what. It has been a long week for the ... Read More
Irving Fisher Had It Right
July 29, 2011
One of the pleasures of operating in the world of investments is the opportunity to hear and learn from professionals wh... Read More
Canada's Postal Strike
June 27, 2011
Today marked the official end of the 7th Canada Post strike in the past 30 years. The Canadian Union of Posta... Read More
Act II’s Dennis Leibowitz on US Cable and Telcos
July 22, 2011
Please give this You Tube video a watch. I am always in awe of the experience and insights of great investors and analys... Read More
European Bank Stress Tests - What a Joke!!
July 18, 2011
Now that analysts and investment professionals have a chance to review European banking data, this week should provide a... Read More
FED to the Rescue............Again!!
July 13, 2011
Fed Chairman Ben Bernanke was on the Hill today testifying before the U.S. House of Representatives Financial Serv... Read More
From Bono to Bonos or “Still Haven’t Found What I’m looking For”!
July 12, 2011
Last night felt like a blast from the past. Bono and U2 performed in Toronto to a sold out crowd of loyal fans that span... Read More
Viva Italia!
July 8, 2011
Or maybe not? It appears that Italy is today’s problem child in the Eurozone as yields on 10 year Italian govern... Read More
Portugal again!
July 7, 2011
It is a new day so new news for the PIIGS – Portugal was spared the sword, at least temporarily, by JC Trichet, Head o... Read More
Greek Update - Moving to Portugal
July 6, 2011
Well it only took one day for the ratings agencies to kick another kid on the block – Portugal. A ... Read More
The Greek Saga Continues
July 5, 2011
There is no question that markets are rallying now on the back of the proposed solution to the € 100 billion Greek deb... Read More
Linkages Part Deux
June 24, 2011
It’s back.......!! The subprime debt debacle of 2007/2008 will just not die, as evidenced by the Fed’s attempt... Read More
It's a Small World After All
June 21, 2011
Canadian Minister of Finance Jim Flaherty warned Canadians on Monday of the dangers associated with a contagion of a Gre... Read More
Golf for Heart
June 10, 2011
Arrow Capital was pleased to support the “Golf for Heart” at Eagles Nest Golf Course, north of Toronto, on June 8, 2... Read More
U.S. Corporate Taxes Too High?
June 8, 2011
As a follow-up to earlier posts, a couple of interesting items of interest yesterday. The first is the Microsoft d... Read More
U.S. Corporate Profits Peaked?
June 1, 2011
I must admit that I am astounded at the performance of the U.S. equity market so far this year. Talk about climbin... Read More
BNN Clip
May 27, 2011
Click here to watch a clip of my appearance on BNN's Market Wrap yesterday. Jim McGovern Read More
Bubbles Part II
May 27, 2011
Further to our blog post on May 19 regarding Bubbles, see graphic below. Jim McGovern Read More
Happy Friday!
May 27, 2011
If you would like to support one peripheral European economy, please visit: P.J. O’Brien’s Irish Pub & ... Read More
The China Conundrum
May 24, 2011
It is certainly accepted wisdom that as goes China, so goes the world in terms of global growth and therefore by extensi... Read More
Bubbles
May 19, 2011
Boy am I glad we started our blog a few days ago – social media is just exploding in value. Linkedin came public... Read More
Favourite Financial Blogs
May 17, 2011
Back in the office today after spending a rainy day in NYC yesterday. Between meetings, I found myself surfing the... Read More
Commodities, by 360 Global PM Enrique Abeyta
May 16, 2011
There obviously has been a lot of discussion about commodities this past week and I thought the charts below were pretty... Read More
May 13, 2011
May 13, 2011
It is Friday the 13th so of course the market is going to do something nasty – at the time of this post it is down ove... Read More
May 11, 2011
May 11, 2011
We are all excited about sharing our thoughts on markets and the alternative investment industry through frequent posts ... Read More
